Estate planning is the process of structuring ones assets during ones lifetime to ensure that they are preserved and legally protected and that, in the event of death, those assets are transferred expediently and intentionally to successive generations. Its a serious exercise that everyone with assets should undertake although, sadly, many people fail to do…
Law firm Sullivan & Cromwell contradicted itself when it stated that shuttered crypto exchange FTX US is insolvent, former CEO Sam Bankman-Fried claimed in a Jan. 17 blog post that was shared on Twitter. The law firm was hired by FTX Group to handle the bankruptcy proceedings of several of its subsidiaries, including FTX International,…
Law firm Sullivan & Cromwell contradicted itself when it stated that shuttered crypto exchange FTX US is insolvent, former CEO Sam Bankman-Fried claimed in a Jan. 17 blog post that was shared on Twitter. FTX US is solvent, as it always as been.https://t.co/XjcyYFsoU0 pic.twitter.com/kn9Wm9wxjl SBF (@SBF_FTX) January 18, 2023 The law firm was hired by…
Wed, 18 Jan 2023 | BUSINESS NEWS New figures from the Insolvency Service have shown that corporate insolvencies increased sharply in December 2022, as UK companies struggled with rising costs, plummeting consumer sentiment and the end of COVID-19-related government support. The Insolvency Service reported that there were 1,964 company insolvencies in December 2022, up 32…
Heritage Glass Group in Shrewsbury spent 60,000 on a new showroom and vehicles during lockdown Directors of Heritage Glass (Shrewsbury) held a board meeting on Tuesday and decided to place the company into a creditors’ voluntary liquidation with a financial black hole estimated to be about 800,000. The company, based at Racecourse Crescent, Monkmoor, had…
The Committee of Creditors of the Anil Ambani-owned Reliance Capital Ltd. has informed the National Company Law Tribunal that it will reschedule the ‘extended auction’ to Jan. 23. The auction was originally scheduled for Jan. 19.The CoC agreed to do this in light of Torrent Investments Ltd.’s pending challenge before the insolvency court. In a…
“It’s not a simple business, straightforward.” That’s what the trustee in the bankruptcy of a large greenhouse horticulture company said late last year. An initial bankruptcy report shows why. A whole range of companies are involved in the bankruptcy. The trustee, who requested the help of four additional trustees, also ended up in Dubai in…
KATIE Price flashed a big smile as she returned from her 14th trip over the last 12 months. The former glamour model, 44, looked in good spirits as she landed at Manchester airport in the early hours of Wednesday morning. 4 Credit: BackGrid 4 Credit: BackGrid The bankrupt star looked chic in a classic black…
Member Article Corporate insolvencies fell 3.25% in December 2022 to a total of 1,964 compared to Novembers total of 2,029. They were 31.9% higher than in December 2021 (1,489) and 75.5% higher than December 2019 (1,119). Personal insolvencies decreased by 20.4% to 8,339 in December 2022 compared to 10,473 in November. They were 1.3% lower…
NEW YORK, January 18, 2023–(BUSINESS WIRE)–DeFiYield.app has released their full 2022 Crypto Scam Report. This special yearly report covers the largest cryptocurrency hacks and scams of the year. We keep you safe and informed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230117006201/en/ (Graphic: Business Wire) According to DeFiYields REKT database, the worlds…